OPEC Plus Members Say They Will Fast-Track Oil Output
Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of accelerated increases.
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U.S. Oil Companies Are ‘Battening Down the Hatches’
The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil production despite weak demand.
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Oil Prices Slide Further on Plans to Increase Supply
U.S. oil prices fell to around $56 a barrel after the OPEC Plus cartel said it would bring more oil to market.
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Oil Prices Are Falling. Here’s Where That Could Spell Trouble.
For countries that depend heavily on oil revenue, dropping prices are worrisome.